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20121222
20121230
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CNBC 5
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Search Results 0 to 4 of about 5
CNBC
Dec 26, 2012 7:00pm EST
under federal law to notify the legislative branch that, fact, they are going to come up against the deadline, precisely why it is -- >> uses the phrase default. we are not going -- the u.s. government isn't going pay its debts. we are going to be like greece. that was -- everybody -- both sides, by the way, republicans and democrats, both used the phrase default. you know perfectly well how it works in the government. you can make choices. >> i hate to break the news to you but -- i don't think anyone other than watching cnbc anyone actually cares and nobody believes the federal government will not pay social security or other debts. >> are you kidding me? i think they do. that's what they start with. right? start with the social security checks aren't going to go out. then -- what do people do, call their congressmen? the elderly get frightened. they think they won't have their weekly paychecks. >> this would not be the first time anyone from the executive branch tried to scare senior sit sense what do we do? we are going over the cliff. do you think we are going over cliff? >>
CNBC
Dec 26, 2012 4:00pm EST
will create record vak kiss on the laws. >> which stocks specifically are going to suffer in home depot, radio shack, possibly shorts authority, some of the other office supply category killer stores. >> let me go in mr. glass half hull. anybody coming through had. as mentioned referenced so well. you also have you are even outfitters tutting it on ol centr retailers who have not reinvested back in the business are secularly having the shoppers shift away from them. they are going to have a tougher time. >> i think it's too late to save herb greenberg's bet with brian sullivan for this year, but you were on our show just recently, and you've turned positive for j.c. penney. >> i was a lot more positive at 17 than i do 21 and i do think the middle will do better than the upper end or the bottom. the upper end retailers will get hurt because of the tax rates and the lower end hurt because of social security taxes. guys in the middle will do better. the place to be will be the mossle so thenny's will have better numbers in q q4. >> felt like we were talking to stadler on this one. >> does that ma
CNBC
Dec 28, 2012 12:00pm EST
them so aggressively. i think they've hired up david boyes law firm, did microsoft and the u.s. and bush vs. gore. this is the law firm from that. i think this is a big deal and they're going to go after him hard. >> you're telling me you'd buy the stock? >> i did a few days ago but unfortunately liquidated it two days ago when it was 28. i mean, this stock traded down into the 25, 24 range. >> it is not only that. the stock has come from 50 down to 30. people are taking gains on their shorts. >> stocks may be down for a fifth straight day but our next guest sees that as an opportunity to buy, alec young, global equity strategist. >> great to be here. >> we gave the shorter-term traders something to chew on. if you are a longer-term investor are you focused at all on the cliff and should you be? >> i am. because it is going to determine my entry point. frankly the worse it gets the better because it means i get to buy stock cheaper. the cliff is all about when do you get long? i think it is the risk reward is nicely set up for risk assets into 2013. it's just a question of do
CNBC
Dec 26, 2012 9:00am EST
. ackman. >> they also hired shiller, the law firm. not clear why they would hire a law firm at this point. no reason given. they have hired them, which is another, hmm, wonder what they're up to kind of move. bob pisani is on the floor with what's moving today. >> we're up 24 points in the dow. and a lot of people think a grand bargain is impossible at this point. but president obama coming back from vacation in hawaii. that's an indication that some kind of deal -- however small -- is definitely coming. i want to point out, and i know you've been negative on this mastercard data on retail sales, and everybody thinks it's going to be a mess for the holiday season. i want to point out that the stocks are not acting that way. that this is a disaster for the season. the s&p retail index hit an historic high on december 3rd. historic high. since then, it has only been down about 3%. these stocks are not acting like there's a disaster. i can give you several reasons why they're not down so far. number one, we are going to see eps growth in the fourth quarter from some of them because of the ex
CNBC
Dec 26, 2012 5:00pm EST
.4% in today's trade. of course, stock has been the subject of a lot of tax law selling you be today, there appears to be a supply chain glitch, having to do with the touch screens that are used in the ipad mini. as a result, apple is likely to ship only a million ipad minis in the third quarter. it was expected to be 10 to 12 million. in the first quarter, 13 million of those ipad minis will be shipped at that time. melissa, back to you. >> mary, thank you. what does the chart tell you, guy, about apple, at this point? >> i felt like the momentum was back with it last week when it was trading in the 530 range. it wanted to push back to 550 and it falls off. i don't want to say falls off the cliff, but pushing back down towards this 500 level. so -- it pains me to say it, and i typically don't do it. here at 512, we're sort of no man's land. if you want to get back in it, hope it flushes down with a 480 and maybe on the upside, if you can get a breakout. bull right here, you're flipping a coin. >> dr. j, for a long time, apple selling off because of tax selling. at this point, as we
Search Results 0 to 4 of about 5